Via its truck holding Traton, VW offers to buy all of Navistar’s shares for $35 which values that company’s common stock at $3.6bn. Traton currently owns 16.8% of the US truck and bus producer which, based on yesterday’s closing price, is worth $374m.
31 Jan 2020
VW buys all of Navistar’s shares
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VW buys all of Navistar’s shares
Via its truck holding Traton, VW offers to buy all of Navistar’s shares for $35 which values that company’s common stock at $3.6bn. Traton currently owns 16.8% of the US truck and bus producer which, based on yesterday’s closing price, is worth $374m.